BRRRR strategy can provide passive income and a revolving method for purchasing and owning rental property. The method works through the following steps: Buy a property: The property you purchase should be a distressed property that needs some work to get […]
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Mortgage 101
Do I Need Asset Protection for My Rental Properties?
What Is Real Estate Asset Protection? Asset protection in real estate is exactly what you’d expect: it protects you and your investments incase any unfortunate situations arise. The last thing any investor wants after spending his or her hard earned money […]
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Questions to Ask Before Hiring a Property Manager
Are you thinking of hiring a property management company? Then you need to ask the right kind of questions. With the right questions, you stand a high chance of selecting an efficient, effective and reputable property management company. Here are […]
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5 Things You Should Know Before Investing in a Turnkey Property
What is Turnkey Investing? At its core, turnkey real estate investing is where you buy already rehabbed, tenant-filled, managed properties that are producing positive cash flow. A lot of the extra work that goes into real estate investing is cut […]
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Fannie Mae Reserve Requirements for Investors with Multiple Properties Owned
What Are Reserves? Reserves are liquid or near liquid assets that are available to a borrower after the mortgage closes. On every loan transaction, reserves are required to be verified as part of the approval process. Acceptable sources or reserves […]
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Should I Pay Off My Rental Mortgage?
If I pay off my rental mortgage, my cash flow will definitely increase. It has been a year since I paid off my last mortgage, not literally my last mortgage, but the most recent one I paid off. My investment […]
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Mortgage Closing Costs
Mortgage Closing Costs There are three components that make up the funds due at closing: the down payment, the mortgage closing costs, and the prepaids. Regardless of what lender you choose or what program you choose, these costs will exist. […]
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